Series:

Forum Reports of the Economic Policy Initiative

2 total works

v.1

Cover of Banking Sector Development in Central and Eastern Europe
The countries of central and eastern Europe abandoned the socialist system and began the transition to capitalism to promote rapid growth and the ultimate convergence with the west. Nowhere has the need for institutional reform been as great as in the financial sector. This report assesses banking developments in this region and identifies the critical policy choices that will determine whether a country is to follow a high growth path leading to convergence with the mainstream of Western Europe. The authors are Ronald W. Anderson, Universit Catholique de Louvain and CEPR; Erik Berglf, ECARE, Universit Libre de Bruxelles, and CEPR; and Klmn Mizsei, Hungarian Export-Import Bank Ltd and Hungarian Export Credit Insurance Ltd. The editors are Lorand Ambrus-Lakatos, Central European University, Budapest, and CEPR, and Mark E. Schaffer, Heriot-Watt University.

v.3

Cover of Fiscal Policy Issues in Central and Eastern Europe
This book presents an assessment of the fiscal policy challenges facing the Central and East European (CEE) countries as they attempt to negotiate their entry in the European Union. The first part centers around an evaluation of the fiscal situation in these countries: its dynamic development, comparisons between these countries, and the wider European context. The second part investigates the relationship between fiscal policy and the overall success of economy-wide restructuring in terms of social expenditures and the role of fiscal policy in macroeconomic stabilization, including sterilization policies. This is a succinct yet comprehensive account of the fiscal situation in CEE, of interest to anyone concerned with the economics and politics of the region.